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by CommodityQuant
April 24th, 2025, 12:48 pm
Forum: General Forum
Topic: DB quant hiring
Replies: 6
Views: 1004

Re: DB quant hiring

 But I've been spoilt by working in the tech industry in recent years.
by CommodityQuant
April 24th, 2025, 9:51 am
Forum: General Forum
Topic: DB quant hiring
Replies: 6
Views: 1004

Re: DB quant hiring

I've had a similar experience with DB many years ago, they said they want to make an offer, discussed salary expectations, and then it all went quiet and the deal was off.

The financial industry has quite low standards in how they treat job applicants.
You're exactly right.  

CommodityQuant
by CommodityQuant
April 24th, 2025, 12:19 am
Forum: General Forum
Topic: DB quant hiring
Replies: 6
Views: 1004

Re: DB quant hiring

Well, extrapolating from a small firsthand sample plus what random people say on the internet, your expectation after an interview (even a successful one) should be to be ghosted. As in, not even rejected. And, to be clear, that’s got nothing to do with DB, just the market in general.
Thanks
by CommodityQuant
April 23rd, 2025, 10:32 pm
Forum: General Forum
Topic: DB quant hiring
Replies: 6
Views: 1004

DB quant hiring

CommodityQuant
by CommodityQuant
March 8th, 2024, 5:51 pm
Forum: Careers Forum
Topic: Wealthy bank but no headcount
Replies: 0
Views: 3230

Wealthy bank but no headcount

I am a quant contractor who was told that my contract will not be renewed at the end of this month although my performance has been excellent. The reasons are budgetary -- the bank has cut a lot of contractor positions even though the bank made enormous profits. However, I see some essential quant t...
by CommodityQuant
June 6th, 2023, 5:14 pm
Forum: General Forum
Topic: RFP databases for quant-related projects
Replies: 2
Views: 4308

Re: RFP databases for quant-related projects

One idea: there are searchable databases for US gov't rfp's, which contain stuff like  this   Thank you very much for your feedback.   I am now in contact with the sales team of a company who provide professional RFP solutions. I hope their prices are within range so I can make the case to my boss....
by CommodityQuant
June 6th, 2023, 11:04 am
Forum: General Forum
Topic: RFP databases for quant-related projects
Replies: 2
Views: 4308

RFP databases for quant-related projects

I work for a consultancy, and am looking for advice (or leads) on the problem of obtaining databases (or even examples) of RFPs (requests for proposal) from banking or other potential financial clients. The purpose is to build an RFP library of questions and answers to quant  project proposals in or...
by CommodityQuant
April 30th, 2023, 9:24 pm
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

what kind of organizations is being discussed in this thread please? banks? I was thinking in the context of major banks, but all the replies have been interesting. I'm a quant with little managerial experience, myself. With regard to smaller organisations (for example sports bookmakers), the head ...
by CommodityQuant
April 30th, 2023, 12:36 am
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

Could a former head quant be too? I don't understand your question. CommodityQuant Some of us used to be head quants. Irrelevant, where Cuch steps the grass does not grow and there is no more discussion. I think that, in this context, "head quant" is kind of an umbrella term that encompas...
by CommodityQuant
April 29th, 2023, 11:28 am
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

Could a former head quant be too?
I don't understand your question.

CommodityQuant
by CommodityQuant
April 27th, 2023, 9:18 pm
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

This thread has attracted more interest than I expected.
It's been particularly interesting to hear from actual Head Quants.
Thanks to all of you for your thoughts.

CommodityQuant
by CommodityQuant
April 20th, 2023, 2:25 pm
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

Banks are hierarchical structures and there MUST be someone like a head quant, if quants are in a separate department. Sometimes they are competent, sometimes not. Sometimes they are useful, sometimes not. One thing I am absolutely sure of - this situation is better than having the quants be just a...
by CommodityQuant
April 20th, 2023, 10:28 am
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

CommodityQuant, I don't know how long you've been in the industry, but I remember the 90s when there were no quant departments and traders were your bosses. A trader 20Y younger than you, not knowing anything but with lots of adrenaline decided what you should do and shouted at you when he/she (oh ...
by CommodityQuant
April 20th, 2023, 9:02 am
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

Of course a Head Quant would know what the Crank Nicholson method is. But a truly useful Head Quant would also never elevate technique above need or output, and that is appropriate given that code is rarely the foundation of success in this business.  DavidJN, Your postings on this seem accurate. I...
by CommodityQuant
April 18th, 2023, 1:46 pm
Forum: General Forum
Topic: What do "Head Quants" actually do?
Replies: 45
Views: 18084

Re: What do "Head Quants" actually do?

How many heads know the Crank Nicholson method? None of them.  But it is likely that many of them learned it at some point in their careers.  It's amazing (to me) how completely uninterested they are in anything quant-related (coding, maths etc.) and are interested only in bureaucratic and administ...
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